The American telecommunications giant At & T he bought DirecTV., a satellite TV provider, for $95 a share, or more than $48 billion (67,1 billion including debt). The payment will be mixed (shares and cash) and the operation has already been approved by the Boards of both companies.
Thus was born a new global giant in the TV and telecommunications market, which lays the foundations for total integration between the distribution of content between mobile telephony and video and broadband platforms.
AT&T bets on video To compensate for the slowdown in growth in the mobile phone market, Direct TV will be able to offer its customers a package that includes broadband connection, as its competitors already do.
AT&T will finance the operation "with a combination of available liquidity - reads the note -, the sale of non-core assets and transactions on the debt market".
With this move, AT&T gains about 20 million DirectTV subscribers in one fell swoop. The deal will need to be approved by federal regulators and to help with the approval process, AT&T has announced it would sell its stake in America Movil Sab.